340 Queen Street, Unit 03, Ottawa Centre, ON

$1,899,000
MLS#:X12340663
3 beds
3 baths
1800-1999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4101 - Ottawa Centre. Expertly crafted featuring premium aluminum siding and concrete construction, this residence presents an exceptional opportunity offered at $1,899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1800-1999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Built-In Oven, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Perched high above downtown Ottawa, this newly unveiled penthouse offers a refined take on urban living. Framed by sweeping views of the Ottawa River and historic skyline, the residence balances minimalist design with an effortless connection to nature. Expansive glass walls blur the line between indoors and out, flooding the open-plan living space with natural light. The kitchen is a modernists dream - featuring quartz countertops, custom cabinetry, and professional-grade appliances, creating a space as functional as it is beautiful. The bedrooms are tranquil havens, while the bathrooms and walk-in closets epitomize understated luxury. The outdoor terrace is truly an oasis in the heart of the city. Residents enjoy curated amenities, from a serene indoor pool for year-round enjoyment to a rooftop terrace for summer dinners under the stars. This is also Ottawa's first condo building with direct access to the LRT. Here, elevated living meets impeccable design. Every sunrise and sunset feels like a celebration of life in Ottawa's most innovative and sophisticated new address. NO CONDO FEE FOR 2 YEARS

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Property Summary

This condo apartment located at 340 Queen Street, Ottawa Centre is currently for sale and has been available on SousaSells for 340 days. This property is listed at $1,899,000 with an estimated mortgage of $6,321* per month. It has 3 beds, 3 bathrooms, and is 1800-1999 square feet. 340 Queen Street, Ottawa Centre is in the 4101 - Ottawa Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1800-1999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusTerminated
Listed Date8/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionAluminum Siding, Concrete
BasementNone
CountyOttawa
Annual Tax$0

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Electric Car Charger, Public Transit

Interior Features

Carpet Free, Built-In Oven, Countertop Range, Primary Bedroom - Main Floor

Security Features

Concierge/Security, Monitored, Security System

Community Features

Location

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340 Queen Street, Unit 03, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 340 Queen Street 2603, Ottawa Centre, ON K1R 0G1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

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Interest Rate4.00%
Down Payment$569,700 (30.0%)
* Minimum Canadian down payment required for this price is $379,800.
Amortization Period30 Years
Estimated Monthly Payment$6,321Based on a loan of $1,329,300 over 30 years.
Purchase Price$1,899,000
Loan Amount$1,329,300
Provincial Land Transfer Tax:$34,455
Total Estimated Closing Taxes:$34,455

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $1,899,000 in Ottawa Centre, the legal minimum down payment is $379,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,455 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4101 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$540,734

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.